Hedge fund Armistice Capital took a 9.9% beneficial ownership stake in bitcoin miner Stronghold Digital Mining, according to a filing.
The fund had an existing stake in the company, but it’s unclear how big it was prior to today’s filing.
Stronghold Digital last week toe faatulagaina its $54.9 million loan with WhiteHawk Finance and signed a two-year hosting deal with Foundry. It was able to push back any mandatory principal amortization payments (totaling $29 million) until July 2024, it said in a statement.
© 2023 O le poloka Crypto, Inc. Ua Taofia Aia Tatau uma. Lenei tusitusiga na saunia mo faʻamatalaga naʻo. E le ofoina pe manaʻo e faʻaaogaina e pei o tulafono, lafoga, tupe teufaafaigaluega, tupe, poʻo isi fautuaga.
Source: https://www.theblock.co/post/211679/armistice-capital-reports-9-9-stake-in-miner-stronghold-digital?utm_source=rss&utm_medium=rss